Giovinco returns to Juventus

Juventus have re-signed Sebastian Giovinco from Parma, the Serie A champions announced on Thursday.

Parma revealed the completion of the deal on Tuesday, but retracted their announcement just hours later.

Giovinco, who was co-owned by both clubs, has signed a three-year contract which will keep him at Juve until 2015.

Juventus agreed to pay 11 million euros for the remaining 50 percent ownership of the 25-year-old.

He follows in the footsteps of Emanuele Giaccherini, who signed a permanent deal with Juve earlier in the week for 4.25 million euros.

Giovinco, who has made two substitute appearances for Italy at Euro 2012, broke into Juve’s first team in 2007 but was quickly loaned out to Empoli to get more games under his belt.

He returned to Juve in 2008 but failed to hold down a regular place at the club before signing for Parma in 2010, scoring 23 goals in 70 appearances for the club.